iNovia Capital invests in WorkFusion's $14 mln Series C round

New York-based WorkFusion, an enterprise smart process automation company, has secured US$14 million in Series C financing. The round was led by U.S. venture capital firm Nokia Growth Partners and was joined by existing investors, including Canadian firm iNovia Capital, which led the company's Series A round in 2013. Mohr Davidow Ventures, Greycroft Partners and RTP Ventures also invested. WorkFusion's technology is used to automate high-volume, labour-intensive processes historically performed by business process outsourcing. It said it will use the new funding to accelerate growth and expand business development efforts.

21 December 2015•3 mins read
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